hackers and founders - peter chee @ thinkspace
DESCRIPTION
Lessons learned in three years of running a startup.TRANSCRIPT
Hackers and Founders MeetupPeter Chee, Founder of thinkspace
August 3, 2011
About Peter
http://youtu.be/ROFJKd9hkkA
< $1M96%
> $1M4%
> $10M.4%
> $50M17,000
28 Million Firms
Mastering the Rockefeller Habits – Verne Harnish – Page 12
Three Big Take Aways
Strategy
People
Outcomeshttp://www.flickr.com/photos/kartografia/534285427/
http://www.flickr.com/photos/whollysoap/4641661180/ http://www.flickr.com/photos/stevewall/1095860966/
BHAG & GoalsReframe the term “Virtual Office” to be each person’s personal “thinkspace” and become the definition of flexible workspace in USA.
2,000 Recurring Revenue Members
Predict Outcomes
Financials on annual & quarterly basis
A great year = 4 great quartersA great quarter = 13 great weeks
http://www.flickr.com/photos/brianjmatis/3883599670/
http://www.flickr.com/photos/27663842@N00/294790784
What’s Your Cost of Getting Blindsided?
http://usdebt.kleptocracy.us/
“Consumers are not loyal to cheap commodities.
They crave the unique, the remarkable, and the human.”
Seth Godin – author of Linchpin
http://www.flickr.com/photos/mgrap/1353874828/
Core Values
Who – Geoff Smart & Randy Street – Page 12
Culture & Core Values
Perf
orm
ance
Funding
• Bootstrapping• Equity• Debt
• WSIGAS• FBEC• WIFM• CITY• WSHTF• SMTM
• Create a One Page Strategic Plan
• Focus on the Customer & Hustle!
• Hire A Players and Build an Advisory Board
http://www.muddnadd.com/blog/nadd-says/event-takeaways
“Leaders don’t createfollowers, they create
more leaders.”– Tom Peters
http://www.flickr.com/photos/howardignatius/4109196545/
share/remix/spread …but don’t forget to attribute
http://slideshare.net/thinkspace